North American economy in retreat

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3 weeks 3 days ago #126944 by lynnsa10
lynnsa10 replied the topic: North American economy in retreat
DJ very close 531k

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3 weeks 3 days ago #126943 by Gambler
Gambler replied the topic: North American economy in retreat
I predict a bad flop. 220k

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3 weeks 3 days ago #126942 by alexgreat
alexgreat replied the topic: North American economy in retreat
I think weak 320k

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3 weeks 3 days ago #126941 by DearJohn
DearJohn replied the topic: North American economy in retreat
Any guess on jobs number. Consensus is 450k. I predict rebound 540k

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1 month 3 weeks ago #126855 by alexgreat
alexgreat replied the topic: North American economy in retreat
Not very good numbers today

Nonfarm payrolls increased by 194,000 in September, compared with the Dow Jones estimate for 500,000.
The following user(s) said Thank You: DearJohn

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5 months 3 weeks ago #126658 by lynnsa10
lynnsa10 replied the topic: North American economy in retreat
Came in at 559K, so a bit of a miss as you suggested

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5 months 3 weeks ago #126656 by alexgreat
alexgreat replied the topic: North American economy in retreat
Alex, I think another miss, lower number, too many people don't want to work

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5 months 3 weeks ago #126655 by alexgreat
alexgreat replied the topic: North American economy in retreat
Economists expect the report to show that non-farm payrolls increased by 650,000 jobs, marking a significant acceleration from last month's tepid gains. The unemployment rate is also expected to have fallen to 5.9%, from 6.1% in the prior month, while average hourly earnings likely rose 0.2%, after gaining 0.7% in April.

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10 months 3 weeks ago #126166 by lynnsa10
lynnsa10 replied the topic: North American economy in retreat
Don't forget XMAS seasonal hiring, well at least at Amazon lol I say +50k

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10 months 3 weeks ago #126165 by alexgreat
alexgreat replied the topic: North American economy in retreat
I think number will be weaker, -20k

Consensus estimates see 75,000 jobs added last month, less than a third of November's gains, as the coronavirus spread rapidly across the U.S. A number of Wall Street firms even see negative job growth, with predictions from Goldman Sachs, JPMorgan, Credit Suisse and Barclays ranging from a loss of 25,000 to 50,000 positions.

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11 months 1 week ago #126028 by RonS
RonS replied the topic: North American economy in retreat
Good interview with Richards

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11 months 3 weeks ago #125914 by lynnsa10
lynnsa10 replied the topic: North American economy in retreat
No job guesses this month. Not good news, looks like the double dip recession and a very ruff recovery that RonS mentioned is on it's way

The U.S. economy added 245,000 jobs in November, as the unemployment rate fell to 6.7 percent, according to data released Friday by the Bureau of Labor Statistics. Economists had predicted the economy would gain around 440,000 jobs.

Amid a fresh surge in coronavirus cases and a new round of shutdowns, Friday's figure represents the fifth straight month of decelerating job gains. It is by far the lowest monthly total since the economy started its halting recovery.

www.nbcnews.com/business/economy/u-s-eco...inal-report-n1249983

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